MAKE A DASH

What is Make a Dash?

Youth Entrepreneurship Assistant Scheme (WeVenture – “Make a Dash” in CUHK) is a new initiative by Home Affairs Bureau (HAB) to support youth entrepreneurship in Hong Kong and/ or Greater Bay Area (GBA). The start-up capital provides full-time and part-time undergraduate, postgraduate students and alumni with up to HKD 600,000 per team. This 9-month funding scheme (to be ended in April 2022) offers a comprehensive, in-depth incubation programme (supported by Shenzhen Research Institute, SZRI and GungHo Space) and sustainable counselling services to the funded teams to further develop their business in GBA.

The Office of Research and Knowledge Transfer Services (ORKTS), on behalf of CUHK, manages this funding with Center for Entrepreneurship (CfE) for students and young professors to start or develop their business regardless of nature. We recommend the eligible companies and monitor their progress to ensure the proper use of the funding. 13 companies have been nominated after the team interview and were granted with funding in July 2021.

Programme Timeline (2021)

Eligibility

[1] Youth aged 18-40 who are permanent residents of Hong Kong; 

[2] Open for CUHK undergraduate and postgraduate students (full-time or part-time) or alumni;

[3] Each team should consist of at least two members. The team leader must satisfy [1] & [2];

[4] Start-ups with detailed business plans; or start-ups that have not been in operation or have been in operation for not more than 3 years;

[5] The business should be registered in Hong Kong.

Successful Teams May Receive

Disbursement

The funding will be disbursed by installments: 

First installment (40%) will be disbursed upon successful application and submission of the final budget, milestone proposal and signed agreement. 

Second reimbursement (40%) will be disbursed upon submission of the Interim Report, endorsed by CUHK Vetting Committee.

Final reimbursement (20%) will be disbursed upon successful development of the startup as planned and satisfactory submission of the completion report, endorsed by CUHK Vetting Committee. 

Assessment Criteria

Entrepreneurship Bases and Partners in GBA

How to Apply?

Online Application is now closed. Thank you for your support.

FAQ

Enquiries

Organisers			Sponsors

*This We Venture programme is enabled by the Home Affairs Bureau and the Funding Scheme for Youth Entrepreneurship in the GBS under the Youth Development Fund of the Youth Development Commission.